Tuesday , 16 December 2025

Opinion

Jaguar will have to work hard for that second look

Jaguar Land Rover (JLR) is scouting for a new address with a little more space for valuations. It’s good to shop around, even though luxury carmakers don’t get the admiration on stock exchanges that their products attract on the streets. What’s questionable, though, is the timing. Being parked inside the Mumbai garage of Tata Motors Ltd, its owner for the …

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MSCI forgets its doubts about China

In the culmination of a long-running saga, MSCI Inc. recently announced that it would include some Chinese stocks in its widely used benchmark indexes, starting next year. China has taken this as recognition of its growing economic and financial might. But the decision seemed to have almost nothing to do with the reality of China’s financial markets. For one thing, …

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America sings the postindustrial blues

Ever since Donald Trump’s election, a cottage industry of politicians, journalists, scholars and commentators has sought to understand what motivates Trump supporters. Theories have ranged from globalization to a rebellion against Washington elitism to racism. But the true cause may have been overlooked: the “postindustrial society.” It has imposed on the economy a wage structure that systematically generates inequality between …

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Desperate roll of the dice on India’s distressed dozen

Fifty-six years. That’s how long it would take if the one dozen companies the Indian central bank is pushing into bankruptcy were to repay creditors by handing over their entire current operating income. For India’s capital-starved commercial lenders, at the receiving end of much of this $37 billion of unpaid debt, waiting for even 56 days without a resolution isn’t …

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The Senate’s message to Russia (and Trump)

With its 98-2 vote to expand sanctions against Russia, the U.S. Senate has effectively served notice on two great powers in Washington: Russia, which may have to face new costs for its meddling in the 2016 U.S. election; and President Donald Trump, who will have to contend with congressional input on U.S. policy towards Russia. The bill, which also strengthens …

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Eastern Europe and the rule of law

For several years the European Union has heaped criticism on the governments of Poland and Hungary for flouting EU rules and undermining EU values. So far, it’s been mostly talk. Lately the violations have mounted. Support for some kind of punishment is growing, and a showdown seems to be looming. Yet the EU is finding that it lacks good — …

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India is about to upend the global beef trade

India’s paradoxical relationship with beef took a new turn last month, when the environment minister imposed a ban on the sale of cows and buffaloes for slaughter at animal markets. Cow slaughter has been banned for decades in India because of the cow’s traditional status as a respected creature in Hinduism, the largest religion in India. In some cases, penalties …

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Take Jack Ma seriously, not literally, on America jobs

Sporting a white button-up shirt and black blazer, Alibaba Group Holding Ltd. Chairman Jack Ma sat on stage with Charlie Rose to make his pitch to America. If you miss the opportunity to sell your products to China, you will miss the opportunity. You will miss the future. With a line like that, Ma — China’s richest man — could …

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Elon Musk’s Mars dream is worth rooting for

When I met Tony Martinez, the mayor of Brownsville, Texas, he had a somewhat wacky argument against the border fence that separated the town from Matamoros, Mexico. “We are about to become an interplanetary civilization,” he told me. “And here we are talking about a wall separating what is essentially the same community.” The reason he said so is that …

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Trump isn’t destiny

It’s time to take a brief break from Donald Trump. Whatever you think of him, there’s no denying that he dominates the news cycle. We seem to assume that the nation’s future depends on Trump’s fate, for better or worse. The reality is otherwise: The nation’s future also hangs on larger economic and social trends that no president can shape. …

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